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Search Results 0 to 15 of about 16 (some duplicates have been removed)
and the democrats. how they essentially tried to bring the federal government's financial house to some kind of order. the answer is they failed. we have a federal government whose financial house is in total disorder, total disarray. it is a historic problem. to try to put it in english, we have a trillion dollars of iou outstanding in the world. the negotiations, they agreed to raise what they call the debt ceiling, so the government can borrow a couple more trillion dollars. we are going to run it run out of that borrowing authority january or february of next year. they're going to have to go back and authorized congress for more trillions of dollars of borrowing. the republicans and lots of people in congress don't want to authorize that. so there is going to be a bloody negotiation, unless they can work a deal. in a sense, this is a book about the past, but it's about the present. it is about where we are going and what the country's future is. if you think about it i would argue that the inability of the government to fix this borrowing debt deficit issue in the book, vice president b
and growth. but it doesn't necessarily involve a government and doesn't necessarily involve capitalism or big corporation. so when you believe in a system come you don't necessarily believe in the traditional anchors that the left are traditional anchors at the right. so i felt that it is time that we had a category to describe these people come as a pure progressives is what i came up with. >> host: post central authority, post decentralized authority? >> guest: yes, the best example is the way the internet was built and the way that the web was built. the internet was partially a result of visionary government unnamed, which we've heard a lot about in the early days there is some important funding for the government. for the most part from the internet was built by louis collaborative networks come with that in leaders, without any bureaucrat that people who aren't actually trying to patent their inventions, want working for private corporation a more freely building on each other's ideas that were fighting those ideas sharing them. now, this is one of things where if we had this conversati
. >> well, i felt for governor romney the moment he used the line trickle down government. that's a phrase hadn't used before. you saw instantly people started retweeting it and picking up on it legitimate break through moment in describing the president's philosophy and even this next day governor romney started using that on his speech. >> interesting. nick, let's play it for viewers in case they missed it. >> the president has a view s.e. very similar to the view he had four years ago that a bigger government, spending more, taxing more, regulating more, if you will, trickle down government would work. that's not the right answer for america. >> you like that because it's a catchy phrase? >> no. it's more than just a catchy phrase though. that's more than a scripted line. in a nutshell it synopsized how governor romney feels about the president's philosophy on government. the fact that he used it the next day in his stump speech and probably use it going forward means it has resonance and catching on with the base. >> nic, you are presidential historian, how do you describe his lacklust
teams. some come from industries that have significant government interest, oil, gas, oil. payday lenders who are very concerned about the consumer financial section bureau regulating them, and are hoping for a romney win which would ease some of that. on the democratic side, there just isn't that collection of people right now. it doesn't mean that at no point in future will there be a large amount of very wealthy liberals, because they're out there who will pony up money. it's just a this cycle, very even if the saving grace of the president is he has improved in 2008, he is equally able to raise enormous amounts of money in very small amounts in political terms, enormous amounts of people. we're talking, i think we're up to $3 million for his campaign purchase either an idea of how it differs from what romney has been raising, this is three reports the camera, primary fundraising through the end of august, barack obama has raised 147 million, or 34% of his primary dollars of people who gave under $200. these are people mostly going online or respond to text messages or being hi
.c. is the third largest business after government and tourism. >> you can still do a lot of military. >> reporter: a rare look inside the powerful world of k street later on sunday morning. >> osgood: on this weekend before columbus day, we've embarked on a journey to discover columbus and find out more about the man we honor tomorrow. mo rocca will be at the helm. >> reporter: ohio's biggest city is named after him. so is a certain district. but does christopher columbus really deserve all this credit? >> he actually didn't discover north america. he never set foot in north america and never even knew it existed. he wasn't the first person to discover the american continent from europe. >> reporter: ahead on sunday morning, up close and personal with christopher columbus. >> osgood: the who is widely considered one of the world's great rock bands and its lead guitarist, pete townsend the giant of rock'n'roll. this morning anthony mason sits down with townsend for a rare interview. ♪ >> reporter: pete townsend's incendiary performances helped make the who rock aristocracy. did you enjoy smashin
's largest city has killed at least 31 people. state tv reports that three explosions rocked a government-controlled district in aleppo. now let's head to wall street. cnbc's mandy drury is at the new york stock exchange. good morning to you, mandy. >> good morning to you as well, natalie. today we're watching the private sector jobs report for some clues as to what kind of report we're going to get on friday when the big government payrolls report comes out. at this stage economists are expecting 153,000 jobs were created in the month of september, and apple shares are in focus once again as there are some reports out that asian component suppliers of apple have begun mass production of a smaller tablet computer that apparently is smaller than the current ipad. we're all waiting for that as well. back to you. >> wonderful to be in time for the holidays. mandy drury, thanks so much. >>> the self-proclaimed world's best dad is at it again. davengedow and his 20-month-old daughter have become famous online that show sarcastically why dave's the greatest dad. after their appearance on her sh
the foreclosed house from the government got sick and now has few options. >>> the white house is lit up in pink to mark october as breast cancer awareness month. new york's empire state building is also bathed in pink. and even buckingham palace in london has gone pink to support the breast cancer awareness campaign >>> and now here's an early look at how wall street's going to kick off the day. the dow closed at 13,515 after adding 77 points yesterday. the s&p was up 3 but the nasdaq lost 2. taking a look at overseas trading this morning. in tokyo the nikkei fell ten points while in hong kong the hang seng was closed again for a holiday. >>> well, stocks ended mostly in the blackmon day thanks to a glimmer of economic optimism. news that manufacturing growth broke a four month roadblock sparked interest. ben bernanke will keep record low interest rates to spark the economy even after if regains momentum. >>> analysts say winter shopping will rise 4.1% this year. that's slightly lower than predictions for the last two years. >>> jpmorgan chase is the first target of the justice department inves
will, trickle down government would work. that's not the right answer for america. >> reporter: romney's comments about the 47% have taken a toll on his campaign. even before that leaked video polls showed americans think he favors the wealthy over the middle-class. he clearly wanted to try and change that perception. >> the people who are having a hard time right now are middle-income americans. under the president's policies, middle-income americans have been buried. they're just being crushed. i will not under any circumstances raise taxes on middle-income families. >> reporter: but the president said his rival doesn't have the right solutions, and that romney can't keep his goal of cutting taxes and not adding to the deficit without hurting the middle class. >> now, five weeks before the election, he is saying his big bold idea is never mind. >> the debate later turned to the president's health care law which romney says he will get rid of if elected. >> it cut $716 billion from medicare to pay for it. i want to put the money back in medicare. it has killed jobs. >> reporter: but t
is here basically to talk to the greek government about what it's doing to try to reduce its debt, to pave the way for yet another set of international money, the next installment of $16 billion or so, which greece need to keep from going bankrupt, is due next month. merkel is in support for the measures that have taken place here, measures that have made a lot of people very angry. so quiet here so far. not quiet, but peaceful here so far, but it's going to be an eventful day. >>> time now to show you some of this morning it's headlines from around the globe. "the washington post" reports on a new poll showing 20% of americans have no religious affiliation. the pew research center says that number was just 8% in 1990. and for the first time, fewer than half of americans identify themselves as protestants. >>> north korea says it can hit the united states mainland with a missile. accoing to britain's "guardian." it's unclear if that claim is accurate. of course, highly doubtful. the announcement follows a missile deal between the u.s. and south korea. north korea claims that a conspiracy t
's great about them is that they make small batches of tailored medication. however, they are not governed or watched over by the f-kay. they are looked at by states. this pharmacy was turning out batches of tens of thousands of vials of steroids. that's not to me a compounding pharmacy. they are now manufacturing, and i fear that they are going to give good compounding pharmacies a bad name, and i think it basically from their behavior so far, they are an outlier. >> they released a statement after shutting down, basically recalling all of its products. on the website it says while there is no indication at this time of any contamination in other necc products, this recall is being taken as a precautionary measure n.light of this, i mean, how worried should patients be? >> look, if you have had any steroid injected into your back from june on, call your doctor. if you are a physician and you've injected steroids to somebody, call your patient. check and make sure that there is a transfer of information, and if you have a family member and have symptoms and may not put it all together, thi
Search Results 0 to 15 of about 16 (some duplicates have been removed)